News About: Distribution
Drug wholesalers called for full supplies to drug makers
Prescription drug wholesalers strongly protested against the drug makers who assigned their drug supplies exclusively to Zuellig Logistic company, claiming it as an unfair trade act. They threatened the Korea Pharmace...
Drug wholesaler concerned low ribution margin policy
Drug wholesalers pointed out that the wholesaler's margins seriously declined from the traditional rate ranged over 10% now to 5 to 6% after implementation of the government new medical and pharmacy separation program...
Drug distribution system set up with new paradigm.
The Logistic Center projected by the Pharmaceutical Logistic Association and the Drug Information Center now proceeded by the government and civic business sectors seem to be visualized to operate in 2001.
The gove...
Drug wholesaler's business loss may get some relief.
Minister Choi Sun-jung of MOHW took a meeting with President Lee Hee-koo of KPhWA on Aug. 26 in attendance of Mr. Kim Kun-seung, vice president of KPhWA, Mr. Han Sang-hui, director of general administration, Mr. Park ...
Drug wholesalers in serious financial difficulties caused by delayed credit payment.
Recent prolonged strikes of medical communities resulted in financial difficulties at most of medical institutes, which, in turn, caused a delay of their credit payment to drug wholesalers.
According to a reliable...
Drug wholesalers reluctant to supply prescription drugs to pharmacies.
The retail pharmacy market has turned down so deeply that many drug wholesalers are seriously concerned about their credit payment and therefore strictly controlling a supply of prescription drugs.
In fact, the d...
Drug supply price control by 35 drug companies prosecuted.
The Fair Trade Commission (FTC) found that 35 drug companies and the KPMA violated Article 29, Para 1 of the Fair Trade Act (Restriction of resale price-keeping action), who enforced the supply of insurance drugs to m...
Joint drug delivery center to be completed by Aug. next year.
So called "Korea Drug Delivery Cooperative Association" (hereinafter called Delivery Association) officially announced a master plan at the recent standing commissioner's meeting, covering that until the end of August...
The drug wholesalers poised to strike uncooperative pharmaceutical companies
Lee Hee-koo, President of wholesaler association told an interview June 27 that the association would take strong measures to the pharmaceutical companies, which intentionally restrain their delivery of medicines to t...
Drug wholesalers urge pharmaceutical companies to undertake part package of medicines
Drug wholesalers are complaining about the administrative guidance disclosed June 17 by KFDA that promotes distribution of part packaged drugs in medicine market, saying, "The government is not supposed to encourage ...
